Agricultural Microbials Market
                     Agricultural Microbials Market: Analysis of Major Competitors and their Strategies
Microorganism or also known as microbe are microscopic organisms that are available in a colony
of cells or single cell. Some microorganisms possess biosynthetic capabilities under certain 
environmental condition making them valuable against pests and diseases on crops. In agricultural
biology, microbials are produced from naturally occurring microorganisms namely fungi and 
bacteria. These agricultural microbials are used to augment the nutritional value and productivity 
of the plant. These are considered as profitable solutions to get a sustainable product, increase 
yield, and keep them away from pests. Different type of microbials are used in agricultural 
biology such as fungi, bacteria, viruses, and algae. These microbials play a crucial role in 
increasing the yield of fruits, grains, vegetables, poultry, and even milk. Moreover, the soil is one
of the most important parts of agriculture where microbials are present, playing a vital role in 
enhancement of crop yield.
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Market Outlook
Global  agricultural  microbials  market  size  was  valued  at  US$  3.087 billion  in  2017  and  is
expected to exhibit a CAGR of 14.22% during the forecast period (2019-2027). Increasing demand
for food products is expected to boost the global agricultural microbials market. For instance,
according to Harvard Business Review, world food demand is expected to increase between 59%
and 98% by 2050. Furthermore, novice production techniques that would not harm the crop yield
is expected to boost the market during the forecast period. Moreover, key players are focusing on
developing innovative products to obtain better crop yield, which will drive the market growth.
However, limited shelf  life of  these microbes is  expected to hamper the use of  agricultural
microbials, eventually hindering the market growth. Moreover, ever-changing weather conditions
are also limiting the market growth.
Market Regional Analysis
Europe and North America are expected to witness lucrative growth of agricultural microbials
market during the forecast period. This is owing to increasing demand for organic food in various
regions.  Furthermore,  the U.S.  is  expected to register  significant  market  share  in the North
America region,  owing to rigorous environmental  laws  in agricultural  sector.  Moreover,  Asia
Pacific is expected to witness substantially growth in the market, owing to increasing production
of  sub-tropical  and  tropical  fruits  and  vegetables.  Rapidly  growing  population  in  emerging
economies such as India and China is expected to boost the global agricultural microbials market.
Moreover, increasing demand for food and agricultural products is expected to support the market
growth.
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Key Players
Major players operating in global agricultural microbials market include Sumitomo Chemical Co.,
Ltd.,  BASF  SE,  Syngenta  AG,  Bayer  CropScience  AG,  Monsanto,  Novozymes,  and  Arysta
LifeScience Limited.
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